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Study: 25% EV adoption would save US $17B annually from avoided climate change & pollution damages

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A new study led by researchers from Northwestern University projects that if electric vehicles replaced 25% of combustion engine cars currently on the road, the United States would save approximately $17 billion annually by avoiding damages from climate change and air pollution. Peters, D. Schnell, J. Kinney, P. Naik, V., & Horton, D.

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Combating climate change via carbon credits | Autocar Professional

Baua Electric

In today’s world, climate change is a reality we have to contend with and among the various measures undertaken to combat it, carbon credits can prove to be an effective solution. Weaving a new framework in the climate space, carbon credits incentivize sustainable practices by assigning a financial value to reductions in GHG emissions.

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Group of 285 global investors with more than $20T in assets under management calls for urgent action on investment-grade climate change and energy policies; guidelines for governments

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Saying that “ investment-grade climate change and clean energy policy is required to shift private sector investment from high-carbon to low-carbon assets ”, a group of 285 investors has urged governments and international policy makers to take new and meaningful steps in the fight against climate change.

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Nielsen global survey finds concerns about climate change slipping behind concerns over other environmental issues; air and water pollution top worries, pesticide use #3

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Other environmental concerns have pushed ahead of climate change on a global average basis. There are many possible reasons for declines in concern about climate change/global warming. In the face of other pressing concerns, a public ‘caring capacity’ for climate change has been tested. Source: Nielsen.

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OECD: governments should make better use of energy taxation to address climate change; “meaningful” increases limited to road sector

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In sum, apart from transport fuel tax increases in some large low to middle income economies, and some first steps towards aligning diesel taxes with gasoline taxes, there is no structural change to the pattern of taxes on energy use between 2012 and 2015. —“Taxing Energy Use 2018”.

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UN report highlights urgent need to tackle impact of EV battery production boom

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UNCTAD predicts that some 23 million electric vehicles will be sold over the coming decade: the market for rechargeable car batteries, currently estimated at $7 billion, is forecast to rise to $58 billion by 2024. It has also contributed to environment degradation, landscape damage and soil contamination, groundwater depletion and pollution.

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3.8% drop in EU’s greenhouse gas emissions in 2019; transport emissions rise

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in 2019, according to latest official data published by the European Environment Agency (EEA). The official data, submitted on behalf of the EU to the United Nations Framework Convention on Climate Change (UNFCCC), show that EU Member States managed to reduce collectively their emissions by 3.8% from 2018 to 2019.

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